During the meeting the Ministers reiterated the importance of Chabahar as a hub for regional connectivity and their commitment to work towards this objective. It was decided to organize a connectivity event involving all stakeholders at Chabahar within two months to increase awareness about the new opportunities offered by Chabahar Port.
The Ministers expressed satisfaction that the three countries are taking prompt measures for completing internal processes for the ratification of the Agreement. They also exchanged views on the next steps to be taken for an early implementation of the Agreement. It was decided to evolve protocols related to transport and transit, ports, customs procedures and consular affairs. It was also decided to convene an Expert level meeting of senior officials of the three countries within one month in Chabahar.
Development of Ports, Road and Rail connectivity will open up new opportunities leading to new jobs and prosperity in all three countries. Trade is recognized as driving economic growth and development, the implementation of the Agreement would provide the eco-system for the private sector to seize the business opportunities emerging due to substantial reduction of logistic costs for trade among the three countries.
Powered by Capital Market - Live News